Specialist branded lender Abacus Permanent is contacting around 10,000 brokers to urge them to start compliant processing now to reduce delays after M-Day.
Abacus, formed in 2002 by Mortgage 2000 directors, says brokers should start entering all additional compliance information wherever possible.
Head of sales Marc Tur-ner Turner says: “It is imp-ortant that brokers are as ready as possible to provide the additional information from now. This will help to reduce delays on our side, reduce problems for the broker and in turn help the client. We are ready for M-Day and we are here to help with queries.”
Abacus is launching its product range in a deal with network Friends Mort-gage World.
Friends Mortgage World mortgage proposition manager Trevor Galvin says: “This alliance is a great opportunity for both of us.”
the mta list
Life company networks that have received their MTA letter: Axa Assurance, Friends Mortgage World, Legal & General, MGM Assurance, Zurich IFA networks that have received their MTA letter or VOP letter: Bankhall, Banking-Insurance Services, Berkeley Independent Advisers, Berkeley Wodehouse Associates, Burns Anderson, Enable, IN-Partnership, Interdependence, Lighthouse IFA,
M&E Network, Mint,
Mortgages Direct, Park Row, Personal Touch
Insurance, Sage Financial, Sesame, Thinc Mortgage Solutions, Whitechurch IFA networks that have not yet received their MTA letter or VOP letter: Millfield, Virtual Net (Europe) Mortgage networks that have received their MTA letter: All Types of Mortgages, Arden Court Capital Finance, BDS Mortgage Group, Best Advice
Mortgage Network, Blue Pearl UK, Complete Mortgage Network, Domain, Enable, Ethical Mortgage Solutions, First Mortgage Options, Genesis, Guaranteed Home Loans, Man-chester Building Society, Members Mortgages, Mortgage Brokering Services, mortgageforce, Mortgage Intelligence, Mortgage Next, Mortgage Marketing Centre, Mortgage Support Network,
One, One2One Mortgages, Optoma Interpartners, Oxygen Mortgage Group, Pink Home Loans, Prestbury Holdings, Professional Mortgage Partnership Network, Promise Finance, Squirrel, TBMC, The Mortgage Operation, The Mortgage Part- nership, Trustguard Homeloans Mortgage networks that have not yet
MTA letter: Domain, Mortgage Finders, One2One Mortgages